Washington and Taipei will soon kick off formal negotiations on the “U.S. Taiwan Initiative on 21st-Century Trade” initiative announced on June 1, the Office of the United States Trade Representative (USTR) said on Wednesday. Negotiations will take place under the auspices of the Taipei Economic and Cultural Representative Office in the United States and the…
Biden’s Trade Nominee Calls Tariffs An Important Tool in Resolving Trade Disputes
President Joe Biden’s administration views tariffs as an important factor in resolving trade disputes, according to his nominee for U.S. Trade Representative, Katherine Tai. “Tariffs are a very important part of our fair trade remedies toolbox,” Tai told the Senate Finance Committee at her confirmation hearing on Feb. 25. Her comments signal that the Biden administration…
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